Rate may increase after settlement.
Specialized Loans
Find out if your home buying situation could make you eligible for a specialized loan from PNC.
Overview
Specialized Loans Facts & Figures
PNC Community Loan
This specialized program provides eligible homebuyers with more options.
- No private mortgage insurance (PMI).
- Down payment as low as 3% and minimal cash reserves.
- Gift funds are allowed as part of a down payment.
- Standard fixed rate terms.
Rural Housing
When you’re purchasing a home in a rural area, you may be able to access special loan programs and terms through the United States Department of Agriculture (USDA).
- No down payment.
- Refinancing of eligible loans.
- New or existing residential property to be used as a permanent residence.
- Closing costs and reasonable/customary expenses associated with the purchase may be included in the transaction.
Medical Professional
Our Medical Professionals mortgage takes your unique needs into account and is specifically designed for interns, residents, and doctors.
- Gift funds are allowed as part of a down payment.
- Loans up to $1.5 Million.
- No Private Mortgage Insurance.
- Primary residences only.
- Standard fixed or adjustable rate terms.
PNC Grants up to $5,000 - $7,500
If you qualify for this credit by meeting income requirements or reside in a qualified community, you can use it to:
- Reduce or eliminate your mortgage closing costs.
- Cover other prepaid costs (establishing an escrow account to cover property taxes, insurance renewals, etc.).
- Apply toward a down payment.
Mortgage Calculators
Comparing loan options? Just looking for how much you can borrow? Use our home lending calculators to understand your refinancing options and help you decide.
Applying with PNC
Mortgage Made Easy
Getting a mortgage doesn't have to be intimidating. Find out how the process works, from getting prepared to closing.
Have questions? Want to learn more?
Insights
What Is Down-Payment Assistance?
Discover how down payment assistance can make your dream of homeownership a reality, including grants, loans, and unique programs designed to help.
8 min read
Using Equity to Buy Another Home: What You Should Know
Explore the pros, cons, and key factors to consider before using equity to purchase a second home or investment property.
5 min read
HELOC vs. Home Equity Loan
Home equity lines of credit (HELOCs) and home equity loans are similar in that they both offer ways to turn your home equity into cash. But these two financial tools are not the same.
9 min read
Have Questions?
We're Here to Help
Refinancing at a longer repayment term may lower your mortgage payment, but may also increase the total interest paid over the life of the loan. Refinancing at a shorter repayment term may increase your mortgage payment, but may lower the total interest paid over the life of the loan. Contact us to discuss the option that best meets your needs.
Important Notice to Servicemembers and Their Dependents. If you are currently eligible for benefits provided by Servicemembers Civil Relief Act (SCRA), refinancing current debt may not be beneficial.
PNC is a registered service mark of The PNC Financial Services Group, Inc. (“PNC”). All loans are provided by PNC Bank, National Association, a subsidiary of PNC, and are subject to credit approval and property appraisal.
©2026 The PNC Financial Services Group, Inc. All rights reserved.
PNC Bank, National Association. Member FDIC
Read a summary of privacy rights for California residents which outlines the types of information we collect, and how and why we use that information.